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What Is The 70-20-10 Budget?

Clever Girl Finance

Once you know your weekly or monthly income, you can do the simple math of calculating how much 70% would be. Donating to charitable causes Another part of your giving may be in the form of donations to charities or nonprofit organizations. More accurately, 70% of your take-home pay, or net income after taxes, not pre-tax income.

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Transcript: Heather Brilliant, Diamond Hill

The Big Picture

And so I think, you know, not to say you couldn’t do it when there’s zero, but I just think it’s a lot harder to make the math work. 00:47:56 [Speaker Changed] Te Tina made it very difficult to be on the short side when there was no alternative to equities, was pretty much the only place, only place you could go.

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Transcript: Ted Seides

The Big Picture

And it got to the point where there was the potential to do this nonprofit, like charitable bet. RITHOLTZ: So hold the duration risk aside with those two, but just for an investor in treasuries, I know you’ve done the math before. SEIDES: Yeah, that’s right. How would you have done?

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Transcript: Anat Admati

The Big Picture

ANAT ADMATI, PROFESSOR OF FIANCE AND ECONOMICS, STANFORD GRADUATE SCHOOL OF BUSINESS: So, my journey starts where I took a lot of math. I was good in math and I love the math. So, I was kind of, in my romantic mind when I was in my early 20s, I was going to take but not give back to math, that kind of thing.

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Transcript: Marcus Shaw

The Big Picture

It was set up as a nonprofit that had some funding coming from the state, some funding coming from foundations, and then some funding coming from corporate entities that also found economic development in the region very important. RITHOLTZ: Why is it not surprising that a math nerd is also a placekicker? RITHOLTZ: Right.

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Transcript: Bill Browder

The Big Picture

So, I did the math, 20 million times a hundred. So, let me just repeat the math. And so, again, I went through this simple math. But if you look at the financials, they were nonprofit. And so, it wasn’t just a fishing boat, it was an oceangoing factory, very impressive. How many do you have in your fleet?